Author: Christopher Cachia

Highlights:
  • Oil prices decline sharply through November.
  • Global equity markets continued to rally strongly, although Australia did not participate.
  • US economic data continues to show a sustainable recovery.
  • Weak economic data across the Eurozone continues to support further ECB monetary intervention.
  • China moves from targeted stimulus to a broad cut in interest rates to meet growth targets.
  • The Australian dollar continues to weaken – down 3.3% against the USD in November.

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